2 Bed Semi-Detached House, Single Let, Oldham, OL2 6XN, £200,000

Springfield Lane, Royton, OL2 6XN - 4 months ago

Sold STC
Leasehold
BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£90.6K - £300K
Sold Prices/m²£1.2K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£172,980

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,650

Total Cash In

£57,650

 

 

Cash Out

 

Rent Range

£650 - £995

Rent Estimate

£810

Running Costs/mo

£807

Cashflow/mo

£3

Cashflow/yr

£36

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £90.6K to £300K, average is £186.3K. £1.2K/m² to £4.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140K03/210.06 mi22, Springfield Lane, Royton, Oldham, Greater Manchester OL2 6XH2
£158K12/200.07 mi7, Lowther Avenue, Royton, Oldham, Greater Manchester OL2 6UY2
£144K09/210.07 mi85, Springfield Lane, Royton, Oldham, Greater Manchester OL2 6XW2
£119K02/210.12 mi741, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5UW2
£220K03/230.13 mi28, Thornham Lane, Royton, Oldham, Greater Manchester OL2 6UW2
£130K03/210.14 mi133, Castleton Road, Royton, Oldham, Greater Manchester OL2 6UP2
£187.5K11/200.18 mi11, Kenilworth Road, Rochdale, Greater Manchester OL16 4SF2
£220K07/210.21 mi16, Cliftonville Road, Rochdale, Greater Manchester OL16 4SG2
£185K01/230.24 mi562, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6SH2
£263.8K05/210.28 mi5, Parklands, Royton, Oldham, Greater Manchester OL2 5YN2
£149.9K02/210.34 mi552, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6SF2
£152K03/210.34 mi524, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6SF2
£154K04/210.34 mi528, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6SF2
£174.9K03/230.34 mi554, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6SF2
£241.3K12/230.34 mi1, Ferndale Avenue, Rochdale, Greater Manchester OL16 4SB2
£218K11/210.4 mi22, Grasmere Road, Royton, Oldham, Greater Manchester OL2 6SR2
£160K03/210.41 mi274, Thornham Road, Royton, Oldham, Greater Manchester OL2 6YG2
£290K11/210.44 mi19, Windermere Road, Royton, Oldham, Greater Manchester OL2 6SY2
£220K04/210.44 mi22, Windermere Road, Royton, Oldham, Greater Manchester OL2 6SY2
£180K08/210.48 mi224, Thornham Road, Royton, Oldham, Greater Manchester OL2 6YW2
£152K09/210.49 mi413, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5SL2
£143K04/210.51 mi5, Queensgate Drive, Royton, Oldham, Greater Manchester OL2 5SD2
£218K02/210.52 mi4, Chapelway Gardens, Royton, Oldham, Greater Manchester OL2 6UQ2
£142K06/210.53 mi448, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TS2
£260K01/240.53 mi422, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6TS2
£167.6K09/230.61 mi8, Cemetery Road, Royton, Oldham, Greater Manchester OL2 5SP2
£110K05/210.64 mi327, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5SN2
£201K10/230.65 mi58, Fir Lane, Royton, Oldham, Greater Manchester OL2 6TY2
£174K06/230.65 mi52, Fir Lane, Royton, Oldham, Greater Manchester OL2 6TY2
£160K11/200.68 mi9, Broad Lane, Burnedge, Rochdale, Greater Manchester OL16 4QQ2
£174K01/240.69 mi294, Rochdale Road, Royton, Oldham, Greater Manchester OL2 6UF2
£182K11/200.69 mi4, Braemore Close, Shaw, Oldham, Greater Manchester OL2 7NA2
£277.4K07/230.72 mi54, Marlfield Road, Shaw, Oldham, Greater Manchester OL2 7NF2
£258K06/230.73 mi48, Sherwood Way, Shaw, Oldham, Greater Manchester OL2 7NB2
£235K10/230.73 mi71, Sherwood Way, Shaw, Oldham, Greater Manchester OL2 7NB2
£212K01/230.73 mi10, Charnwood Close, Shaw, Oldham, Greater Manchester OL2 7LY2
£250K12/220.73 mi2, Charnwood Close, Shaw, Oldham, Greater Manchester OL2 7LY2
£159.9K06/210.73 mi10, Glen Grove, Royton, Oldham, Greater Manchester OL2 5SY2
£195K06/230.73 mi34, Glen Grove, Royton, Oldham, Greater Manchester OL2 5SY2
£158.5K04/210.74 mi297, Rochdale Road, Royton, Oldham, Greater Manchester OL2 5SX2
£299.9K03/210.74 mi4, Acre Barn, Shaw, Oldham, Greater Manchester OL2 7ND2
£191K01/230.76 mi34, Dogford Road, Royton, Oldham, Greater Manchester OL2 6UA2
£210K12/230.77 mi24, Foxhill, Shaw, Oldham, Greater Manchester OL2 7NQ2
£240K04/230.77 mi42, Foxhill, Shaw, Oldham, Greater Manchester OL2 7NQ2
£211K08/230.78 mi26, Wood Street, Shaw, Oldham, Greater Manchester OL2 7NE2
£178K03/230.78 mi40, Linkside Avenue, Royton, Oldham, Greater Manchester OL2 6YS2
£255K03/240.81 mi15, Greenhill Avenue, Shaw, Oldham, Greater Manchester OL2 7NZ2
£212K06/230.81 mi3, Greenhill Avenue, Shaw, Oldham, Greater Manchester OL2 7NZ2
£300K12/200.83 mi48, Thornham Road, Shaw, Oldham, Greater Manchester OL2 7HR2
£90.6K01/210.84 mi37, Gerrard Street, Rochdale, Greater Manchester OL11 2EB2

Local Rents

15 rents from £650/mo to £995/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85012/240.09 miRochdale Road, Royton, Oldham, OL22
£95012/240.71 mi-2
£98512/240.76 mi-2
£92512/240.85 mi-2
£82512/240.89 miRochdale Road, Shaw, Oldham2
£89512/240.89 miRochdale Road, Shaw, Oldham, OL22
£79503/240.91 miDorset Avenue, Oldham, Greater Manchester, OL22
£92503/250.98 mi-2
£65006/241.03 miCanberra Way, Balderstone Place, Rochdale, Lancashire, OL112
£95003/251.07 mi-2
£95012/241.1 mi-2
£99511/241.18 mi-2
£99501/251.19 mi-2
£85006/241.22 mi-2
£85006/241.22 miJohn Street, Royton2

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

2.56 miles away

Nearest school

0.20 miles away

Nearest train station

1.82 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Price changed to £200,000

February 4, 2025

Listed for £215,000

December 16, 2024

Floor Plans

Description

  • Semi Detached Property +
  • Spacious Open Lounge/Diner +
  • Galley Style Kitchen +
  • Two Generous Bedrooms +
  • Shower Room/wc +
  • Large Gardens, Shared Driveway & Garage +
  • Central Heating & Double Glazed +
  • Popular Location in Thornham +
  • NO CHAIN INVOLVED +
  • EXCELLENT POTENTIAL +

This deceptively spacious, two bedroom, semi detached property has living accommodation that comprises briefly of entrance hall, open lounge/diner and kitchen. To the first floor there are two generous bedrooms and shower room/wc. Outside, there are gardens areas to both front and rear, the rear garden extends to an excess of 80 ft and to the front there is a shared driveway extending to the detached garage at the rear. The property benefits from the installation of gas fired central heating and double glazed windows and is situated in one of the areas most popular locations at Thornham with easy access to well regarded local schools and amenities, excellent public transport links and just a short distance from Royton centre and the North West motorway network. NO CHAIN INVOLVED.

Entrance
Composite double glazed front door opening into the entrance hall with staircase leading to the first floor.

Lounge/Diner - 25'4" (7.72m) x 13'8" (4.17m)
Large reception room with living flame gas fire and surround, two central heating radiators and double glazed windows to the front and rear.

Kitchen
Galley style kitchen fitted with units with work surfaces, integral oven, hob and extractor hood, plumbing for automatic washing machine, stainless steel sink unit with mixer tap, splash back tiling, double glazed window to the side and double glazed door to the rear.

Landing
With double glazed window to the side.

Bedroom one - 12'5" (3.78m) x 16'0" (4.88m)
Large room with two central heating radiators and two double glazed windows.

Bedroom two - 12'4" (3.76m) x 10'5" (3.18m)
With built in wardrobes, central heating radiator and double glazed window.

Shower room/wc - 9'0" (2.74m) x 5'4" (1.63m)
With two piece suite, walk in shower cubicle with wall mounted electric shower, laminate splash back, panelled ceiling with sunken spotlighting, built in storage cupboard, heated towel rail and double glazed window to the rear.

Outside
To the rear there is an enclosed garden extending in excess of 80 ft with shrubs, patio, detached concrete section garage, store shed and boundary fencing. To the front there is a shared driveway extending to the garage at the rear and a garden forecourt with low boundary walls.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Alistair Stevens & Co, Royton

0161 524 8745

Next Steps?

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